#Trump’s Tariff Policy

On July 3, the price of Ripple
finally broke the symmetrical pennant, rising above $2.20. The breakout was not explosive, but was accompanied by moderate volume growth. This indicates quiet accumulation.
The current price of Ripple
faces key resistance at $2.35, but key metrics suggest it could rise to the $3 mark.
The SOPR indicator (Spent Output Profit Ratio) for XRP rose above 1.6 in early June, indicating profit-taking. Historically, such levels have coincided with local maxima, especially when the value exceeded 1.5. However, this time the price of Ripple is holding steady. This indicates market strength or, at the very least, strong profit absorption.
The number of active addresses and wallets for XRP that made transactions in the last 24 hours has increased multiple times in June. Each time, this preceded a price increase. Such spikes in activity indicate the involvement of new wallets, possibly from new buyers or XRP whales.
If Ripple breaks above $2.35 and holds above it, the next resistance levels will be $2.48, $2.60, $2.65, and ultimately $2.78. A breakout above $2.78 will pave the way to the psychological level of $3, which has not been tested since early 2025. If the breakout fails and the price falls below $2.08, the bullish structure will be broken, which could lead to a deeper decline.
On-chain and technical signals indicate that there is momentum for XRP. However, the price needs to overcome resistance at the level of $2.35. MVRV and SOPR show that there is still no euphoria, and HODL Waves confirm that the supply remains locked. If the price holds above $2.20 and breaks through $2.35, it could quickly reach levels of $2.65–$2.78. Only a drop below $2.08 would make the chart bearish again.